Taking everything into account, IMAB scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, IMAB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month IMAB has a been trading in the 3.91 - 6.79 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, IMAB did better than 98% of all other stocks.
- IMAB is one of the better performing stocks in the Biotechnology industry, it outperforms 94% of 529 stocks in the same industry.
- IMAB has an average volume of 1819490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- IMAB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMAB is lagging the market.
IMAB has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.58
We found 4 important support areas.
- Support @4.30 from a trend line in the daily time frame.
- A support zone ranging from 4.15 to 4.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.63 from a trend line in the weekly time frame.
- Support @2.61 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IMAB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMAB is neutral. |
| ChartMill Relative Strength | 98.79 | POSITIVE | IMAB has a high relative strength, it outperformed 98.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IMAB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.8 | NEUTRAL | The RSI value for IMAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests IMAB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.8 | OVERSOLD | The low Stochastics value suggests IMAB may be oversold. |
| Average True Range in percent/ATR (20) | 13.82 | HIGH VOLATILITY | The high ATR as a percentage value for IMAB suggests high volalility. |
| Average Directional Index/ADX (14) | 16.74 | NEGATIVE | The low ADX value for IMAB suggests a weak or negative trend. |
4.63
-0.01 (-0.22%)
I-MAB-SPONSORED ADR / IMAB FAQ
What is the technical rating for IMAB stock?
ChartMill assigns a technical rating of 9 / 10 to IMAB.
What is the current trend direction of I-MAB-SPONSORED ADR (IMAB) stock?
The current trend direction for I-MAB-SPONSORED ADR (IMAB) is Bullish.
Can you provide the RSI signal for I-MAB-SPONSORED ADR?
I-MAB-SPONSORED ADR (IMAB) has an RSI value of 48.8025. This indicates that the stock is currently neutral.
What is the short term momentum for IMAB stock?
The short term momentum for I-MAB-SPONSORED ADR (IMAB) is neutral.
Can you provide the support and resistance levels for I-MAB-SPONSORED ADR?
I-MAB-SPONSORED ADR (IMAB) has a support level at 4.3. Check the full technical report for our detailed analysis of IMAB support and resistance levels.